Sunday, May 12, 2019

Walmart's store managers pay and the bonus- Workers Revenue Per Employee

It's known there is a lot of greed at Walmart! In my days at Walmart starting as like $7.35 and taking four years to get up to $8! The pay is higher now but also the cost of living is up. Well who can afford a smart phone these days? https://www.youtube.com/watch?v=otHviixLykI


Added to the tariffs going on now. Walmart is going to have to pass on the cost now! And so that takes sales down at Walmart as their shoppers are not known to be rich otherwise no need for the "People of Walmart!" Just the point of sales with broke people. So for a note for all and other countries hang in there till Trump gets out! Fair pay is coming sometime or Trump again to bring us all back to the 1950's in living and sales too poor to shop at Walmart! 
https://www.washingtonexaminer.com/business/walmart-shielding-shoppers-from-most-tariff-based-price-increases

So to note about the pay issues at Walmart... In my days there where good Walmarts and bad ones to work at. But to note about the pay! If the store managers now make $175,000 a year not with the bonus the pay is far more. Around 2007 the sales bonus was 136% of the store managers pay. I don't know about the sales bonus info now. But if it is you will see the pay there crazy vs the workers! Not to even say about the Waltons! "They have more wealth than 43% of American families combined. Their net worth is nearly equal to the combined wealth of Bill Gates and Warren Buffett." At the time of this story "At $9/hour, Walmart workers make less than $16,000/year working 34 hours per week, which is Walmart’s definition of full-time. The Waltons, however, get $26,000 per minute from their Walmart dividends alone." It is more now!

*Waltons - http://changewalmart.org/how-rich-are-the-waltons

*Managers - https://www.glassdoor.com/Salary/Walmart-Store-Manager-Salaries-E715_D_KO8,21.htm

*Workers - https://www.cnbc.com/2019/03/08/walmart-associates-to-share-207-million-in-cash-bonuses.html

Note the workers are high on making Walmart the money!
What is Walmarts Revenue Per Employee? About $233.82K!
Really that is what you make for Walmart! 

Tarded people saying "If you are NOT doing your job at the level expected,
then your job SHOULD be in jeopardy." Should note for the time the workers
where making their pay after taxes an hour vs the REV. PER EMPLOYEE
$233.82K per employee revenue! Wage slave thinking and a need for better pay!
If the workers can't take care of themselves how are they to take care the workplace?
What will Walmart get keeping the greed. It's for the best interest to pay better!
https://www.marketwatch.com/investing/stock/wmt
https://www.investopedia.com/terms/r/revenueperemployee.asp - (Info about)

~~~~~Walmart's store managers make $175,000 a year on average.
Walmart wants the world to know you can make a really nice living working in its stores.

The company has about 4,700 store managers in the United States and they earn an average of $175,000 a year, Walmart said in social governance report Wednesday.

Walmart (WMT), the United States' largest private employer, has been criticized for its $11 minimum wage — including by its rival Amazon. But Walmart said it has raised its starting wages in the United States by more than 50% over the past three years. Including benefits and bonuses, the average wage for a full-time, hourly worker at Walmart is $14.26 an hour. Walmart's department managers can also earn up to $24.70 per hour.

Walmart employs more than 1.5 million workers in the United States. Women make up 55% of its workforce, while people of color make up 44%, the company said.

Retail jobs provide "a gateway to upward mobility for millions of people," said Walmart.

"We're investing in our associates through wages along with better educational opportunities, benefits and training," CEO Doug McMillon said in the report.

Walmart has expanded paid-time off and parental leave policies in recent years and introduced Walmart Academy to train workers in advanced skills. As a result, Walmart said its worker turnover is at a five-year low.

Climate change was another area of focus in Walmart's report.

"We believe climate change is likely to affect national economies and supply chains around the world through potential effects such as lower crop yields, increased health costs and storm damage," the company said.

Walmart said it aims to reduce its carbon emissions by 18% by 2025 from 2015 levels. The company says it's on track to reduce 1 billion metric tons of emissions from its global supply chains by 2030.
https://www.cnn.com/2019/05/09/business/walmart-store-managers-wages/index.html